 | Assessing Exchange Rate Competitiveness in the Eastern Caribbean Currency Union Author/Editor: Emilio Pineda, Paul Cashin, Yan Sun. Release Date:April, 2009 This paper uses three methods to assess movements of real exchange rates in the ECCU over time. First, the purchasing power parity hypothesis is tested and then used to provide a benchmark for more...
| Price: $18.00
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| The Anatomy of Banking Crises Author/Editor: Rupa Duttagupta, Paul Cashin. Release Date:April, 2008 This paper uses a Binary Classification Tree (BCT) model to analyze banking crises in 50 emerging market and developing countries during 1990-2005. The BCT identifies key indicators and their more...
| Price: $18.00
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 | The Caribbean : From Vulnerability to Sustained Growth Author/Editor: David O. Robinson, Paul Cashin, Ratna Sahay. Release Date:September, 2006 This book sets out the economic challenges facing the island nations of the Caribbean and presents policy options to ameliorate external shocks and embark firmly on a sustained growth path. While the more...
| Price: $28.00
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| Parity Reversion in Real Exchange Rates : Fast, Slow or Not At All? Author/Editor: C John McDermott, Paul Cashin. Release Date:July, 2004 Consensus estimates put the half-life of deviations from purchasing power parity (PPP) at about four years (Rogoff, 1996). However, conventional least squares estimates of half-lives are biased more...
| Price: $15.00
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| Caribbean Business Cycles Author/Editor: Paul Cashin. Release Date:July, 2004 This paper identifies and describes key features of Caribbean business cycles during the period 1963-2003. In particular, the chronologies in the Caribbean classical cycle (expansions and more...
| Price: $15.00
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| The Response of the Current Account to Terms of Trade Shocks : Persistence Matters Author/Editor: Paul Cashin, Christopher J Kent. Release Date:July, 2003 Is the relationship between the current account balance and the terms of trade affected by the persistence of terms of trade shocks? In intertemporal models of the current account that incorporate a more...
| Price: $15.00
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| Foreign Exchange Intervention and the Australian Dollar : Has it Mattered? Author/Editor: Hong Liang, Paul Cashin, Hali J Edison. Release Date:May, 2003 Since the Australian dollar was floated in December 1983, the Australian central bank (Reserve Bank of Australia) has actively intervened in the foreign exchange market. Using daily exchange rate and more...
| Price: $15.00
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| Keynes, Cocoa, and Copper : In Search of Commodity Currencies Author/Editor: Ratna Sahay, Luis Felipe Céspedes, Paul Cashin. Release Date:December, 2002 This paper examines whether the real exchange rates of commodity-exporting countries and the real prices of their commodity exports move together over time. Using IMF data on the world prices of 44 more...
| Price: $15.00
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| An Unbiased Appraisal of Purchasing Power Parity Author/Editor: C John McDermott, Paul Cashin. Release Date:December, 2001 Univariate studies of the hypothesis of unit roots in real exchange rates have yielded consensus point estimates of the half-life of deviations from purchasing power parity of between three to five more...
| Price: $15.00
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| Key Features of Australian Business Cycles Author/Editor: Paul Cashin, Sam Ouliaris. Release Date:November, 2001 This paper identifies and describes the key features of Australian business cycles during 1959-2000. In particular, we identify the chronologies in Australia's classical cycle (expansions and more...
| Price: $15.00
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